Crypto Lending 101: Making The Most Of Your Idle Digital Assets
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By Austin DeNoce, Benzinga
As the cryptocurrency market evolves, so, too, do the financial services built around it. Cryptocurrency owners can now even generate passive income through lending and securing loans using their cryptocurrency assets as collateral. However, in an industry notorious for bankruptcies and fraud, carefully navigating the complexities inherent to such financial services is extremely important.
While there is no shortage of lucrative opportunities in crypto, balancing those opportunities with the safety of your assets should always be a top priority. Picking the right services or platforms is a major step in the right direction, but its also useful to familiarize yourself with the financial products youre considering so you can make the most informed...